Stripe and PayPal halt payments for Trump's campaign and supporters: CNBC After Hours

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CNBC's Kate Rooney explains how the backlash from payment processors like Stripe and PayPal could be more impactful for Trump than the ban from the social platforms.

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. In the wake of last week's deadly riots in the Capitol, CNBC's Kate Rooney explains how the backlash from payment processors like Stripe, PayPal, and Shopify could be more impactful for Trump than the ban from the social platforms. Also on today's show, CNBC.com finance editor Jeff Cox explains the rapid rise in interest rates so far this year, and why investors should be paying attention.

The benchmark 10-year Treasury has risen about 20 basis points since the start of the year — 1 basis point equals 0.01% — and was at 1.13% Monday. Still relatively low, the yield is at the highest it's been since last March, but in itself the yield is not a problem.

 

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Now, if we can just get the DNC to defund you and the rest of fake news we'd be doing great.

Well, this certainly lends weight to DavidSacks' argument about the slippery slope we are now venturing down.

I need that drumsticks did you really eat it ?

Next time, take bitcoin. They're not controlled by idiots.

Words worth listening.

That’s nothing. Trumps bankers are existing their relationship with him. He’s fucked. Will have to go borrow from North Korea. Lol

Oh no another private company crossing the line the baker not wanting to make a cake for the gay couple set. Private companies can do whatever they want. Trump can make his own payment processing company thats the beautiful thing about capitalism.

thebearablebull Artemisness80

All of this what they are doing now with president Trump is just a clear proof that Biden couldn't win this election in right democratic way. NO WAY!

I love the after hours show, keep it up 🙌🏾

Its called Ethereum.

thebearablebull Man Trump must really have something on these pedophiles for them to censor him to this extent lol. Not even real terrorists are this censored 🤣

Time for the GOP to cleanse themselves from this joke of a president. Go back to being a respectable party, not a wannabe Nazi regime

Please upload in youtube.. Loved watching in large tv..

thebearablebull This is wrong on so many levels.

😎💵🇺🇸

thebearablebull This could delay rules for crypto causing people to sell XRP. Hoping for lower XRP prices.

I do t believe this a fuckin minute absolutely need to forget about Trump that is all your doing is trying to get veiws fuckin pitiful your all about yo go broke . We already no how to survive welcome to our world . Haha

thebearablebull I can send him XRP

thebearablebull I now understand why Gov doesn’t want to allow big organisations to get too big.

thebearablebull And the the next stock to tumble?

Hitting trump everywhere in his pocket. F-ING PHENOMENAL

The balance sheet of Trumpism. GOP ruined, Dem's have House + Senate. Trump business ruined, bankers jump off. Associations with 'Trump' are economically negative, positive for fascists. 4 years instead of 8 years in government. And more ... This should make you very thoughtful!

I’m a Trump supporter, please ban me. And ban 74 millions people who voted Trump.

Wow .. they built a wall around Trump

PayPal needs the money to buy more bitcoin

Wow, nobody was paying attention in history class in school the day they spoke about mid-century communism, socialism and fascism... A slippery slope indeed...

Ridiculous.

Good! The WHITE-SUPREMACIST THUGS need to be cut off from the civilized world.

wow that's crazy...

Square seeing an opportunity perhaps

why stop at Trump? Why not all trump supporters? Block all payments, block all internet access. Let's make sure Trump supporters can't do anything! Free and Open Internet = Free speech!

And I halted child support payments to my deadbeat wife. Who gives a shit?

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